Hogan Lovells advises ICCREA Banca on new €750 million European Covered Bond

It marks the issuance of the fifth series of European Covered Bonds (Premium) made by the Group in compliance with the new Italian and European regime on covered bonds following the update of the Programme. The covered bonds issued are labelled “Premium” in accordance with the new regime.

The placement of the Covered Bonds was managed as joint bookrunners by Barclays (co-arranger of the Program together with ICCREA Banca), Crédit Agricole Corporate and Investment Bank, UniCredit Bank, Banco Santander and DZ BANK. Helaba. Acted as co-lead manager.

The team that advised ICCREA Banca on the transaction was led by partner Annalisa Dentoni-Litta with support from senior associate Alessandro Azzolini and trainee Davide Di Falco.  Serena Pietrosanti, head of Tax Italy, and Maria Cristina Conte, counsel, advised on the tax aspects.